I am in a DMP, which will be finished by the end of September. I am being gifted some money towards a deposit from parents. I will have no debt other than car finance, earning 33k per year. What sort of deposit will I need to buy? looking at house value around 130-140k
Well done on being at the end of your DMP process, sure it is a huge relief.
As of today, you will require a minimum of 15% deposit and dependent upon your overall circumstances potentially as much as 25%
If not already done, it is essential you get a copy of your credit file and ensure the DMP individual debts have been marked accurately and once settled in September displayed as so.
You are highly likely to require a broker in order to access many of the specialist lenders you may well require.
All the best